In a poignant farewell speech from the Oval Office, U.S. President Joe Biden urged Americans to \"stand guard\" against the emergence of a \"dangerous\" oligarchy as he prepares to step down next week.
The 82-year-old president highlighted concerns over an ultra-wealthy \"tech industrial complex\" that he fears could gain unchecked influence over American democracy.
\"Today, an oligarchy is taking shape in America of extreme wealth, power and influence that literally threatens our entire democracy,\" Biden stated. \"That's a dangerous concentration of power in the hands of a very few ultra-wealthy people.\"
Biden also criticized social media giants, pointing out the roles of Elon Musk, owner of X, and Mark Zuckerberg of Meta, in the potential future administration under Donald Trump.
\"Americans are being buried under an avalanche of misinformation and disinformation, enabling the abuse of power,\" the president added.
As Biden concludes his single term, he emphasized the importance of vigilance among citizens, signing off with, \"Now it's your turn to stand guard.\"
His final months in office included significant diplomatic efforts, such as coordinating a ceasefire and hostage release deal between Israel and Hamas. Additionally, the White House released a comprehensive dossier outlining Biden's achievements in areas like the economy, healthcare, and climate change.
In his concluding remarks, Biden reflected on his long service, stating, \"I have given my heart and my soul to our nation,\" and described his tenure as the "privilege of my life to serve this nation for over 50 years."
Reference(s):
cgtn.com